8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report

October 30, 2013

Commission File Number	Registrant	State of Incorporation	IRS Employer Identification Number
1-7810	Energen Corporation	Alabama	63-0757759

605 Richard Arrington Jr. Boulevard North Birmingham, Alabama	35203
(Address of principal executive offices)	(Zip Code)

(205) 326-2700

(Registrant’s telephone number including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 7.01 Regulation FD Disclosure

On October 30, 2013, Energen Corporation (Energen) issued a press release to clarify a comment made on its quarterly conference call related to 2014 Permian Basin production growth potential. The press release is attached hereto as Exhibit 99.1.

The release contains statements expressing expectations of future plans, objectives and performance that constitute forward-looking statements made pursuant to the Safe Harbor provision of the Private Securities Litigation Reform Act of 1995. Except as otherwise disclosed, the Company’s forward-looking statements do not reflect the impact of possible or pending acquisitions, divestitures or restructurings. We undertake no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise. All statements based on future expectations rather than on historical facts are forward-looking statements that are dependent on certain events, risks and uncertainties that could cause actual results to differ materially from those anticipated. In addition, the Company cannot guarantee the absence of errors in input data, calculations and formulas used in its estimates, assumptions and forecasts. A more complete discussion of risks and uncertainties that could affect future results of Energen and its subsidiaries is included in the Company’s periodic reports filed with the Securities and Exchange Commission.

The information furnished pursuant to Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of Energen Corporation under the Securities Act of 1933 or the Exchange Act.

ITEM 9.01 Financial Statements and Exhibits

(d) Exhibits.

The following exhibits are furnished as part of this Current Report on Form 8-K.

Exhibit Number:
99.1	Press Release dated October 30, 2013

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	ENERGEN CORPORATION
October 31, 2013	By	/s/ Charles W. Porter, Jr.
	Charles W. Porter, Jr. Vice President, Chief Financial Officer and Treasurer of Energen Corporation

EXHIBIT INDEX

EXHIBIT NUMBER		DESCRIPTION
99.1	*	Press Release dated October 30, 2013

* This exhibit is furnished to, but not filed with, the Commission by inclusion herein.

EX-99.1

Exhibit 99.1

For Immediate Release	Contacts:     Julie S. Ryland
Wednesday, October 30, 2013	205.326.8421

Energen Clarifies Comment on 2014 Permian Basin Production Growth Potential

BIRMINGHAM, Alabama — On its quarterly conference call earlier today, Energen Corporation (NYSE: EGN) senior management said that the rate of growth of its oil and natural gas liquids (NGL) production in 2014 would likely be less than in recent years, possibly “lower double-digit growth” assuming a capital drilling budget of approximately $950 million to $1 billion.

“I think this statement deserves further explanation,” said Energen’s Chairman and Chief Executive Officer James McManus. “Although our capital drilling budget for 2014 has not been completed and is subject to change, our current thinking is that we will accelerate our horizontal Wolfcamp program in the Midland Basin by running 4-6 rigs in the play. As we transition to a horizontal program in 2014, we will reduce our capital investment in our vertical Wolfberry program. In the Midland Basin, production growth in 2014 with a 6-rig program may exceed 40 percent.

“At this time, we do not anticipate investing any material capital in our legacy waterflood assets in the Central Basin Platform in 2014. Production declines there could be between 10 and 15 percent. In addition, our maturing 3^rd Bone Spring program is experiencing near-peak production, and the rate of growth in 2014 will be far less than in recent years, close to just 5 percent with a 3-rig program. Our current thinking is to maintain in 2014 a 2-rig Wolfcamp program in the Delaware Basin, which is similar to our activity level in 2013.

“When you roll all the pieces together, the picture that emerges is this: The total percentage growth in Permian Basin production – oil, NGL, and gas – will likely be in the mid-teens, with significant growth in the Midland Basin partially offset by near-flat production in the remainder of the Permian Basin (i.e., Delaware Basin and Central Basin Platform).” Based on estimated 2013 production midpoints, the Delaware Basin and Central Basin Platform constitute approximately 65 percent of total estimated Permian production.

Energen management additionally said that it anticipates continued acceleration of its Midland Wolfcamp program in 2015 will help return Energen’s Permian oil and NGL growth rate to more than 20 percent.

Energen Corporation is an oil and gas exploration and production company with headquarters in Birmingham, Alabama. Through Energen Resources Corporation, the company has approximately 750 million barrels of oil-equivalent proved, probable, and possible reserves at year-end 2012. These all-domestic reserves are located mainly in the Permian and San Juan basins. For more information, go to http://www.energen.com.